Neuronetics Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Public

  • Employees
  • 211

Employees

  • Stock Symbol
  • STIM

Stock Symbol

  • Share Price
  • $2.03
  • (As of Friday Closing)

Neuronetics General Information

Description

Neuronetics Inc a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders. Its first commercial product, the NeuroStar Advanced Therapy System, is a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation, or TMS, to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The company designed the NeuroStar Advanced Therapy as a non-invasive therapeutic alternative to treat patients who suffer from MDD and to address many of the key limitations of existing treatment options.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Therapeutic Devices
Stock Exchange
NAS
Primary Office
  • 3222 Phoenixville Pike
  • Malvern, PA 19355
  • United States
+1 (877) 000-0000

Neuronetics Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Neuronetics Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.03 $1.82 $1.03 - $6.95 $58.7M 28.9M 79.3K -$1.17

Neuronetics Financials Summary

In Thousands,
USD
TTM 30-Sep-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 32,212 151,128 54,567 196,815
Revenue 69,232 65,206 55,312 49,244
EBITDA (29,803) (34,860) (29,374) (25,890)
Net Income (33,102) (37,159) (31,193) (27,453)
Total Assets 92,988 116,884 141,223 78,657
Total Debt 40,197 39,745 39,544 38,335
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Neuronetics Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Neuronetics Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Neuronetics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Neuronetics Inc a commercial stage medical technology company focused on designing, developing and marketing products th
Therapeutic Devices
Malvern, PA
211 As of 2023
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Golden Valley, MN
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Pompano Beach, FL
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Neuronetics Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Inspire Medical Systems Formerly VC-backed Golden Valley, MN 000 00000 00000000 00000
0000000 Private Equity-Backed Pompano Beach, FL 000 0000 000000000000 0000
0000000000 Corporation Farum, Denmark 00
000000000 Venture Capital-Backed Milan, Italy 00 000.00 0000000000 000.00
0000 000000000000 Venture Capital-Backed Malmö, Sweden 00 000.00 00000000000 000.00
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Neuronetics Patents

Neuronetics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210228898-A1 Magnetic stimulation coils and ferromagnetic components for treatment and diagnostic procedures Pending 20-Feb-2018 00000000 0
EP-3755422-A4 Magnetic stimulation coils and ferromagnetic components for treatment and diagnostic procedures Pending 20-Feb-2018 000000000 0
EP-3755422-A1 Magnetic stimulation coils and ferromagnetic components for treatment and diagnostic procedures Pending 20-Feb-2018 000000000
JP-2023055812-A Magnetic stimulation coils and ferromagnetic components for therapeutic and diagnostic procedures Pending 20-Feb-2018 000000000
US-11000693-B2 Magnetic stimulation coils and ferromagnetic components for treatment and diagnostic procedures Active 20-Feb-2018 A61N2/02 00
To view Neuronetics’s complete patent history, request access »

Neuronetics Executive Team (33)

Name Title Board Seat Contact Info
Keith Sullivan Chief Executive Officer & Board Member
Lisa Metzner Senior Vice President & Chief Marketing Officer
Sara Grubbs Chief Revenue Officer & Senior Vice President
Cindy Varughese Director, Regulatory Affairs
W. Macan JD Executive Vice President & General Counsel, Legal
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Neuronetics Board Members (25)

Name Representing Role Since
Brian Farley Neuronetics Chairman & Board Member 000 0000
Bruce Shook Neuronetics Board Member 000 0000
Glenn Muir MD Neuronetics Board Member 000 0000
John Bakewell Self Board Member 000 0000
Joseph Capper Self Board Member 000 0000
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Neuronetics Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Neuronetics ESG

Risk Overview

Risk Rating

Updated April, 01, 2022

43.31 | Severe Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 14,912

Rank

00.00

Percentile

Healthcare

Industry

00 of 616

Rank

00.00

Percentile

Medical Devices

Subindustry

00 of 221

Rank

00.0

Percentile

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